Multi-Tenant Retail Building with Parking Lot at 95th/Western in Chicago

Investment Overview

Value-add multi-tenant retail property located just steps from the recently redeveloped Evergreen Plaza, along 95th Street, just west of Western Avenue, in Chicago's Beverly Neighborhood. The 20,392 SF retail building is located within a high traffic commercial corridor surrounded by a mix of national and local retailers. Fronting 95th Street, Tenants benefit from visibility and exposure to 28,000+ VPD. All Tenants are on NNN leases including One Main Financial, Beverly Smiles, Beverly Furniture, and 504 Concepts. The property includes a 20-car parking lot, direct access to public transit including the 95th Street CTA bus stop directly in front of the building, and convenient access to Interstate 57 (I-57), less than three (3) miles to the east. Neighboring retailers include Whole Foods, Walmart, Sam's Club, Meijer, Menards, Chase Bank, Potbelly, Chipotle, Dollar Tree, AT&T, and Planet Fitness, among many others.

Investment Highlights

• 74% leased with all tenants on NNN leases
• Rare opportunity to acquire a multi-tenant retail property with a positive cash flow and the ability to add value through lease-up
• Parking lot for 20 vehicles on-site
• The building features excellent visibility and exposure directly fronting 95th Street (28,000+ VPD)
• Surrounded by national retailers including Whole Foods, Walmart, Sam's Club, Meijer, Menards, Ulta Beauty, Shoe Carnival, Michael's, Chase Bank, Potbelly, Chipotle, Dollar Tree, AT&T, and Planet Fitness, among many others.